Does an increase in estimated market value always mean an increase in property tax?

Not necessarily. Many factors go into determining how much property taxes change from year to year. The items include spending habits of local governments, school bonds for either building or operating expenses, changes made by the legislature in the state property tax system, the amount of new construction within the county, and a change in property value or classification. A change in any of these can result in tax increases.

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1. What is market value?
2. How does the Assessor determine market value?
3. How close to actual value does the Assessor need to be?
4. How come values go up each year when no improvements are made to the property?
5. What kinds of improvements add to market value?
6. Will making repairs increase the estimated market value?
7. What can I do if the estimated market value or property classification is wrong?
8. What are the requirements for homestead?
9. Does an increase in estimated market value always mean an increase in property tax?